불러오는 중…
Economist Barry Eichengreen writes that the broad effective dollar fell 8% between January 2017 and January 2018, contrary to expectations of tax cuts, rate hikes and tariffs pushing it higher. He argues that tariffs would normally require a stronger real exchange rate to offset their effects on an economy near full employment.
The column explores why the expected dollar strength has not materialized.
Persistent dollar weakness supports US commodity exports priced in dollars, while tariff-driven currency adjustments could alter trade flows for soy and corn. The outlook is an analytical view rather than a new market shock.
japantimes.co.jpBarry Eichengreen2018. 3. 19.과거 하락 거시 이벤트 1,637건 이후, 미국 달러 (광의 지수)은 5거래일 동안 중앙값 -0.2% 변동(상승 39%; 중간 50% 범위 -0.6%~+0.3%), 20거래일 동안 -0.2%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
